Debt Relief Order (DRO)

You must apply through an approved intermediary, such as a debt charity. The limits on debts, surplus incomeDisposable incomeDisposable income is what you have left after paying tax and essential living costs, which you can use for debts, savings or optional spending.Read more → and assets are set by the government and have been raised in recent years, so check the current figures on GOV.UK. CreditorsHow to Deal with Creditors: Communication and NegotiationPractical advice on communicating with creditors, negotiating affordable repayments, and understanding your rights when dealing with the companies you owe.Read more → included in the DRODebt Relief Order (DRO)A Debt Relief Order is a formal solution for people with low income, low debt and few assets. Learn how DROs work, eligibility criteria and what happens to your debts.Read more → cannot take action while it is in force.

After 12 months, if your circumstances have not improved, the qualifying debts are written off. A DRO affects your credit file for six years and is recorded on the Individual Insolvency Register.